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$275,000

Beds
3
Baths
1.0
sq ft
1,032

1014 Marshfield St, Ferndale, MI 48220

1014 Marshfield St

Ferndale, MI 48220

  • Coming soon
    • Open house Sep 20
This lovely brick bungalow offers a perfect blend of charm and comfort in a great Ferndale location. Step into a bright and welcoming living room with beautiful hardwood floors and classic coved ceilings that add character to the space. The eat-in kitchen is flooded with natural light from a sunny bay window, providing a cozy spot for meals. Two large bedrooms share a full bath down the hallway. Upstairs, the large primary bedroom offers a great space to get away. Full basement with laundry and ample storage space. Big, private backyard with a patio, great for outdoor entertaining. Just a short distance from downtown Ferndale and within walking distance to Ferndale High School. Welcome Home!

Details

Property type

Single Family Residence

Est. home value

$264,383

Lot size

4,356 sq ft

Price per sq ft

$267

Year built

1945

Annual property taxes

$3,306

Price History

12/13/2016
Realcomp

Realcomp #216101694

Sold
$172,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Ferndale

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$138,258
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$114,742
Cash to seller
$138,258

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Towne Mortgage Co

Loan start date

December 2016

Original loan amount

$138,000

Est. remaining balance

$114,742

Interest rate

3.47%

Loan type

New Conventional, 30 year

Seller

William M Cortner V

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Coming Soon

Tomo last checked: 09/19/2024 at 4:50 AM

Listing updated: 09/18/2024 at 6:11 AM

Listed by: Jim Shaffer, Good Company Phone #: (248) 733-5811

MLS: Realcomp #20240067860

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